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Potential suitors have yet to meet the company's desired price (NASDAQ:ACOM) is in buyout talks with three private equity firms and is looking for a deal worth about $1.5 billion, Reuters reports.

The Internet genealogy website is negotiating with Perima Advisers, TPG Capital and Hellman & Friedman over terms of an acquisition. However, the pricetag demanded by the company remains at issue in the discussions.

3 Internet and Web Service Stocks to Sell Now
3 Internet and Web Service Stocks to Sell Now

In July, Ancestry began soliciting potential buyers. Last month, the private equity firms issued a second round of bids. Sources say that no deadline has been issued by Ancestr, which has 2 million paying subscribers, but it will likely decide what to do by the end of this month.

Shares of Ancestry rose fractionally in Tuesday morning trading.

In April, the company purchased smaller rival for about $100 million.

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